Looking At GE Aero's Recent Unusual Options Activity - GE Aerospace (NYSE:GE)

High-rolling investors have positioned themselves bearish on GE Aero (NYSE:GE), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in GE often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 18 options trades for GE Aero. This is not a typical pattern.

The sentiment among these major traders is split, with 22% bullish and 55% bearish. Among all the options we identified, there was one put, amounting to $43,740, and 17 calls, totaling $2,547,040.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $210.0 for GE Aero during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for GE Aero's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of GE Aero's whale activity within a strike price range from $160.0 to $210.0 in the last 30 days.

GE Aero Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GE	CALL	SWEEP	BEARISH	01/31/25	$11.05	$9.95	$10.5	$195.00	$614.9K	6.3K	2.7K
GE	CALL	SWEEP	BEARISH	01/24/25	$10.25	$9.15	$9.7	$195.00	$567.2K	3.5K	2.9K
GE	CALL	SWEEP	NEUTRAL	01/31/25	$7.95	$6.9	$7.4	$195.00	$298.8K	6.3K	482
GE	CALL	SWEEP	NEUTRAL	01/24/25	$6.85	$5.75	$6.35	$195.00	$256.3K	3.5K	545
GE	CALL	SWEEP	BEARISH	01/31/25	$12.95	$12.6	$12.6	$195.00	$161.2K	6.3K	5.1K

About GE Aero

GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.

GE Aero's Current Market Status

With a trading volume of 3,873,719, the price of GE is up by 9.99%, reaching $207.18.
Current RSI values indicate that the stock is may be overbought.
Next earnings report is scheduled for 0 days from now.

Professional Analyst Ratings for GE Aero

In the last month, 2 experts released ratings on this stock with an average target price of $214.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from RBC Capital downgraded its action to Outperform with a price target of $200. * An analyst from Deutsche Bank persists with their Buy rating on GE Aero, maintaining a target price of $228.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for GE Aero with Benzinga Pro for real-time alerts.

GEGE Aerospace

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